IL&FS

By Subhash NarayanNew Delhi, May 5 (IANS) : Cash-rich central public sector enterprises (CPSEs) will come to the rescue of government strategic sale programme with tepid interest coming from the private sector to take over controlling…

Mumbai, April 30 (IANS) For the first time in several months, the debt-ridden IL&FS Group has started meeting its repayment commitment towards investors. The group's entity IL&FS Mutual Fund (IDF) on Tuesday said that it has made…

New Delhi, April 16 (IANS) The mass outbreak of the baleful IL&FS bonds virus is engulfing more and more entities with the passing of each day. With NCLAT scheduled to hear the case again on Tuesday and some element of a consensus…

New Delhi, April 13 (IANS) Days after dismissal of his petition by the Supreme Court, the Serious Fraud Investigation Office (SFIO) on Friday arrested IL&FS CEO Ramesh Bawa in a case related to massive loan defaults.The former top…

Mumbai, April 3 (IANS) Chandra Shekhar Rajan, who was the Non-Executive Director of IL&FS for the last six months, was on Wednesday appointed the company's Managing Director, IL&FS Non-Executive Chairman Uday Kotak said on…

New Delhi, Feb 25 (IANS) The National Company Law Appellate Tribunal (NCLAT) on Monday said the cash-strapped Infrastructure Leasing and Financial Services (IL&FS) and its group companies will not be declared as non-performing assets…

New Delhi, Jan 22 (IANS) With rating agency CRISIL cutting the creditworthiness of two special purpose vehicles (SPV) of IL&FS citing "heightened risk" of defaults and as the company management takes a new stance on repayments, the…

New Delhi, Jan 11 (IANS) Bankruptcy appeals court NCLAT on Friday suggested appointing a retired Supreme Court judge to oversee asset sales of debt-stricken Infrastructure Leasing and Financial Services Ltd (IL&FS).The National…